Liquidation — order passed
1Liquidation mandates1on this professional's record
Taken to dissolution01 still in process
| Corporate Debtor | Role / Appointed | Admitted | Distributed | Rec vs Claims | Duration |
|---|---|---|---|---|---|
|
Universal Commodity Exchange Limited
U74900MH2008PLC179396
|
IRP · Jun 2018
|
— | — | — | 8y
to Jun 2026
|
Duration = CIRP commencement to liquidation order. Figures shown for orders in the last two quarters — the full financial record is member data.
Under CIRP — live
2Where each live mandate stands against the statutory clock — 180 days from commencement, 270 with the single permitted extension, 330 as the outer limit.
Longest-running live mandate: Fieldspares Sales and Services Private Limited at 3,299 days from commencement.
| Corporate Debtor | Role / Appointed | Statutory clock | Stage |
|---|---|---|---|
|
Fieldspares Sales and Services Private Limited
U52190MH1989PTC052103
Trading & Distribution |
IRP · Jul 2018
|
3,299d past 330d limit | Under CIRP |
|
Hollywood Opticians Private Limited
U33201MH2009PTC193958
Machinery & Equipment |
IRP · Apr 2020
|
2,341d past 330d limit | Under CIRP |
Admitted claims and recovery are determined only as each case concludes, so figures appear here once an outcome is reached. The day count runs from the insolvency commencement date (s.12 IBC). A case past 330 days is not a default by the professional: the Supreme Court struck the word “mandatorily” from that proviso in CoC of Essar Steel v Satish Kumar Gupta (2019), and time lost to the tribunal's own listing is counted in the figure. Read it as runway, not as a verdict.
Voluntary liquidations
3Solvent member-voluntary liquidations under s.59 — a separate mandate type from CIRP, and a different job: no creditors' committee, no resolution plan, a surplus to return.
Median time to dissolution14 mo
across 2 completed · every VL on record runs 1y 8mo
| Corporate Debtor | Appointed | Realised | Paid to Creditors | Surplus | Commenced → dissolved |
|---|---|---|---|---|---|
| KWS Research and Development Private Limited U01403TG2015PTC098464
|
Voluntary Liquidator · Nov 2017 |
Rs 1 Cr | Rs 0 Cr | Rs 1 Cr | 15 mo to Mar 2019 |
| Peter and Friends Classic Adventures Private Limited U63040GA1994PTC001517
|
Voluntary Liquidator · Mar 2019 |
— | — | — | in process |
| NKC Telecom Private Limited U64200GA2007PTC005496
|
Voluntary Liquidator · Jun 2017 |
Rs 2 Cr | Rs 0 Cr | Rs 2 Cr | 13 mo to Jul 2018 |
Figures shown where an outcome has been filed. The dated sequence inside a row is read from the tribunal's dissolution order itself, one field at a time, with the page it came from held against it. Regulation 37 (as amended with effect from 31 January 2024) sets 270 days from commencement where the creditors approved the resolution and 90 days where they were not required to — this page does not assign a per-case target, because whether creditors approved is recorded in these orders as prose and has not been classified. The comparison shown is the median of every voluntary liquidation on record: same statistic, same basis.
About this data: Figures come from the IBBI professional register, IBBI published data and public announcement records. Comparisons are medians across stressed.in's full IBBI universe. How every number is sourced, checked and corrected →.
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Claim profile →Activity & context · vs India's IP universe
Activity — mandate count3 mandates on record
Typical time to outcome96 months
national median 16 months · median of 1 concluded mandates
Computed across stressed.in's IBBI universe — 8,500+ CIRPs · 5,400+ registered professionals; updates as records load. Ranks count mandates only and are not a quality score — recovery and duration depend on each company's condition and case mix as much as the professional.
Role mix
Resolution Professional3
Voluntary Liquidator3
Of these, 3 began as an IRP appointment — the interim role the tribunal fills on admission, before the committee of creditors confirms or replaces it.
Benches — his mandates vs the forum's tempo
Mumbai3 mandates
Bench median 18 months to outcome · 34% resolved (1,251 concluded cases)
Balkrishan runs a median 96 months to outcome across 1 concluded mandate.
The benches those mandates sit in run at 18 months, weighted by how many of his cases each one holds —
so he is taking 2371 days longer than the forums he files in.
Bench medians run across every concluded CIRP on record at that bench, not only this professional's. Duration turns on the company's condition and the tribunal's listing as much as on the professional — context, not a ranking.
Sector exposure
Machinery & Equipment1
Trading & Distribution1
Other Services1
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